Posts tagged: Franchise

Dec 01 2008

The Coming Franchise Investment Bloodbath

A tuning fork is an acoustic resonator in the form of a two-pronged fork with the tines formed from a U-shaped bar of elastic metal (usually steel). It resonates at a specific constant pitch when set vibrating by striking it against a surface or with an object… Wikipedia

If what Richard Solomon is saying over at [...]

Nov 15 2008

Sunk Cost Reality: Post-signing relationship conversation

Franchisor to franchisee:
OR: Les the new poo-extraction technology will cost $100.00.
EE: So the non-logoed dog poop scoop, in the real world, costs $5.00. Right?
OR: Right.
EE: But I have to buy this propriety equipment from you, right? [tied buying]
OR: Right.
EE: So I end up paying 20 times as much for the scoop, does that sum it [...]

Oct 27 2008

No Big Franchising salary > U.S. president’s

The President of the United States makes $400,000 plus benefits and that seems a fair wage for someone with an MBA.
Until thing get sorted out, all CEOs (private and public) should voluntarily limit their remuneration to that equal or less than $400,000. And no golden parachutes, options or other BS.
That goes for all of Big [...]

Oct 25 2008

Can litigation be used to gag New Zealand franchisees?

I dislike when anyone tries to decrease freedom of speech, especially on the internet.

Maybe it’s because I was sued [1, 2, 3 & 4] about this very issue, that I am fairly touchy about the subject.

Right and wrong has nothing to do with it: Whoever has the gold, makes the rules.
Since Australia and New Zealand [...]

Oct 23 2008

The Inklings: A Brotherhood of encouragement

The Inklings was an informal literary discussion group associated with the University of Oxford, England, for nearly two decades between the early 1930s and late 1949.
Two of its most famous members were C.S. Lewis and J.R.R. Tolkien.
Readings and discussions of the members’ unfinished works were the principal purposes of meetings. Tolkien’s The Lord of the [...]

Oct 19 2008

Collusion allegation: AUS bank and franchisor

In a Smart Company article by James Thomson called MP renews calls for investigations into mistreatment of Bakers Delight franchisee, he quotes:
NSW parliamentarian Joanna Gash has renewed calls for the Australian Federal Police to launch an investigation into accusations Bakers Delight and ANZ bank colluded to put a franchisee out of business.
Quoting emails between the [...]

Oct 18 2008

Reputation Registry: Creating a Market Memory

One of them is the history it provides of the company that we see today as Dun & Bradstreet. It’s motto is Decide with Confidence and they one of the first companies to be in the information game.In 1841, Lewis Tappan and his Mercantile Agency was the first modern credit bureau. In effect, Tappan established [...]

Oct 17 2008

Symbols: Strength through Unity

Michael Webster over at Misleading Advertising Law picked up on my recent posting: Franchisng is the latest Big Con.
I absolutely agree with him: the best defense against post franchisor opportunism is a well-funded, professionally managed independent franchisee association, IndFA.
There is no substitute for collective action and only a fool thinks otherwise.
The power of “sticking together” [...]

Oct 16 2008

Unsubstantiated industry statistics

Top marks to Jim Coen at Franchise Perfection for bringing up a very important topic.
He posted a great article called Franchise Statistics Debunked Again! on his Let’s Talk Franchising blog and Blue MauMau.
I could not agree with him more: I get really, REALLY irritated when self=serving numbers are thrown around. The unsubstantiated drivel that comes [...]

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